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    paulajean01's Avatar
    paulajean01 Posts: 1, Reputation: 1
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    #1

    Feb 11, 2008, 09:04 AM
    Tax on 401k distribution after age 65
    I received a 1099r but Turbo Tax does not ask for that form. Is a distribution in 2007 taxable? I am 66.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Feb 11, 2008, 09:38 AM
    Yes, it is taxable as ordinary incme. Turbo Tax does indeed have a section for entering retirement distributions - look again!
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